n 2018, the Zenon Company reported that property, plant and equipment were equal to 12%...
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n 2018, the Zenon Company reported that property, plant and equipment were equal to 12% of total assets. In 2018, current assets were equal to 88% of total assets. In 2019, the company reported that property, plant and equipment were equal to 29% of total assets. In 2019, current assets were equal to 71% of total assets. What conclusion can be reached from this information?
A. In 2019, the company is downsizing.
B. In 2019, property, plant and equipment as a proportion of total assets increased.
C. In 2019, the company is investing in the future.
D. B and C.
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